The currency that is being bought or sold in a Forex exchange or is used to calculate value of a transaction or investment portfolio.
Related information about currency of reference:
- What is currency of reference? definition and meaning
Definition of currency of reference: The currency that is being bought or sold in a Forex exchange or is used to calculate value of a transaction or investment ...
- ASIA – G20 Sarkozy in favour of an international currency of reference
Mar 31, 2011 ... Ahead of the G20 finance minister summit in Nanjing scheduled for today, the French president proposes to boost the capacity of the ...
- Currency Risk Management
The income derived from investment instruments traded on an external financial market is measured from the standpoint of the currency of reference established ...
- The EURO - Europes's New Currency
The EURO is Europe's new currency, to be launched in 1999 and to replace European currencies between January-June 2002. This page contains facts and ...
- CBN currency redesign move is self seeking, no foreseeable gain
Sep 3, 2012 ... What the CBN should do for Nigeria as the second largest economy in Africa is to make the Naira the currency of reference on the continent, ...
- Introduction to Forex - Orient Financial Brokers
d) The British Pound. Until the end of World War II, the pound was the currency of reference. The currency is heavily traded against the euro and the U.S. dollar, ...
- Currencies Market - Ftkmc.com
Until the end of World War II, the pound was the currency of reference. The nickname cable is derived from the telegrams used to update the GBP/USD rates ...
- Use of currencies in international trade: any changes
May 10, 2012 ... The currency of reference is chosen according to the. "thick market externality" principle, whereby the transaction costs of using a particular ...